Additional placement of NOTE-35 at the price of 98.34 (17.56% p.a.)

06.10.99 00:00
/IRBIS, Oct.06, 99/ - Today the National Bank conducts auction for placement of the notes with 35 days of circulation period (# 340/n). Scheduled volume is 200 million tenges. Primary dealers and their investors were offered to make additional application at the price of 98.34 tenge, which corresponds to the yield of 17.56% P.A. In comparison with the previous issue the yield of NOTE-35 increased by 257 percentage points (from 14.98% p.a.).